If you’re looking for a U.S. investment bank that pays handsomely, in heavy quantities of cash, Citigroup may be the place to be. Headhunters report that the U.S. bank is one of the most generous cash payers at bonus time. At Citi there is no cap on cash bonuses. There is none of the horribly delayed cliff vesting you get at Deutsche Bank. And Citi seems to pay its salespeople and traders reasonably well too.

How a $250k bonus will be structured at Citigroup

Source: eFinancialCareers

If you receive a $250k bonus at Citi, it seems that 85% of it will be paid in ready cash. The bank reportedly pays all cash bonuses up to $100k, beyond which it defers 75% of each $100k up to $500k. Deferrals at Citi are spread equally over four years.

How a $500k bonus will be structured at Citigroup

Source: eFinancialCareers

If you receive a $500k bonus at Citi, 80% will be in cash. The deferral period mentioned above still applies.

Beyond $500k, it seems that a marginal 60% of Citi’s bonuses are deferred. The bank is particularly lenient when it comes to deferrals for large seven figure bonuses – Citi’s 60% deferral applies to bonuses worth up to $4m.